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1- Price Quantity demanded ( dollars per pound of cat Quantity supplied (tons of cat food per year) food) (tons of cat food per year)

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Price Quantity demanded ( dollars per pound of cat Quantity supplied (tons of cat food per year) food) (tons of cat food per year) 52 1.00 15 46 1.50 26 43 2.00 34 40 2.50 40 35 3.00 44Price [dollars per hu ly) Price (dollars per ho 5 S DI DI D 2 Quantity (TVs per month) Quantity (TVs per month) Figure A Figure B Price (dollars per HD TV) Price (dollars per HD TV) D D Quantity (TVs per month) Quantity (TVs per month) Figure C Figure DPrice (thousands of dollars per PC) W D O 10 25 40 Quantity (millions of PCs per year)

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